[Special Stock] Danal Hits Upper Limit for Two Consecutive Days on News of Bitcoin Payment Service Introduction

[Asia Economy Reporter Ji Yeon-jin] Comprehensive payment service (PG) company Danal has recorded the upper price limit for two consecutive days. The news that its subsidiary is commercializing the country's first Bitcoin payment service led the stock to hit the upper limit right from the market opening.

On the 18th, Danal was traded at 8,680 KRW, up 29.94%, the price limit, immediately after the market opened. It also hit the upper limit the previous day, closing at 6,680 KRW.

The day before, Danal announced that Danal Fintech, the operator of the virtual asset (cryptocurrency) 'Paycoin' (PCI), would commercialize the Bitcoin payment service for the first time in Korea through the Paycoin app. Following this news, Paycoin, a virtual asset-based payment service launched by Danal Fintech, surged more than 1600% the previous day.